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RAIT Financial (RAS) Declares $0.18 Quarterly Dividend; 13.4% Yield

September 17, 2015 4:22 PM EDT

RAIT Financial (NYSE: RAS) declared a quarterly dividend of $0.18 per share, or $0.72 annualized.

The dividend will be payable on October 30, 2015, to stockholders of record on October 7, 2015, with an ex-dividend date of October 5, 2015.

The annual yield on the dividend is 13.4... More